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White Organic Agro Ltd - INITIAL PUBLIC OFFERING (IPO) OF SHARES OF WHITE ORGANIC RETAIL LIMITED CLOSED ON YESTERDAY, MAY 2ND 2019 WITH 1.29 TIMES OVER SUBSCRIPTION.

| Updated on May 03, 2019 Published on May 03, 2019

THE MANAGEMENT IS PLEASED TO INFORM, IPO OF WHITE ORGANIC RETAIL LIMITED WHOLLY OWNED SUBSIDIARY OF THE COMPANY ON THE SME PLATFORM. PUBLIC ISSUE OF 24,54,000 EQUITY SHARES OF FACE VALUE OF RS.10/- EACH (EQUITY SHARES) OF WHITE ORGANIC RETAIL LIMITED (THE COMPANY OR THE ISSUER) FOR CASH AT A PRICE OF RS.63/- PER EQUITY SHARE, INCLUDING A SHARE PREMIUM OF RS.53/- PER EQUITY SHARE (THE ISSUE PRICE), AGGREGATING TO RS.1546.02 LAKHS (THE ISSUE). THE ISSUE CLOSED ON YESTERDAY, MAY 2ND 2019 WITH 1.29 TIMES OVER SUBSCRIPTION.

THE RETAIL INVESTORS BIDDED FOR 8,18,000 SHARES & NON RETAIL FOR 23,58,000 SHARES TOTALLING 31,76,000 BIDS AMOUNTING TO RS. 20.00 CRORES AS AGAINST THE ISSUE SIZE OF 24,54,000 SHARES AMOUNTING TO RS. 15.46 CRORES.

THE EQUITY SHARES OF WHITE ORGANIC RETAIL LIMITED ISSUED THROUGH THIS IPO ARE PROPOSED TO BE LISTED ON THE SME PLATFORM OF BSE LIMITED (BSESME). FOR THE PURPOSES OF THE ISSUE, THE DESIGNATED STOCK EXCHANGE WILL BE BSE LIMITED (BSE).

Pdf Link: White Organic Agro Ltd - INITIAL PUBLIC OFFERING (IPO) OF SHARES OF WHITE ORGANIC RETAIL LIMITED CLOSED ON YESTERDAY, MAY 2ND 2019 WITH 1.29 TIMES OVER SUBSCRIPTION.

Source : BSE - www.bseindia.com

Published on May 03, 2019
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